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Nickie Louise @ Startups News · 01/20/2025 10:41 EDT

OpenAI CEO Sam Altman debunks AGI rumors, dismisses speculation about imminent launch

OpenAI CEO Sam Altman has dismissed the growing wave of rumors on social media regarding the arrival of Artificial General Intelligence (AGI). According to Altman, the company has neither created nor plans to deploy AGI anytime soon. The speculation comes ... Read more

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Startups News
Nickie Louise @ Startups News · 01/20/2025 09:50 EDT

AI startup Perplexity AI proposes merger with TikTok U.S. in bid to reshape online content landscape

AI search engine startup Perplexity AI has submitted a proposal to merge with TikTok U.S., according to a report from CNBC, citing an anonymous source familiar with the matter. The bid was reportedly made on Saturday to ByteDance, the Chinese ... Read more

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Startups News
Nickie Louise @ Startups News · 01/19/2025 20:35 EDT

TikTok is back online: TikTok restored in the U.S. after temporary ban, and it’s thanks to Trump

After months of legal challenges, TikTok is back online for U.S. users. The app’s restoration comes just hours after President-elect Donald Trump stepped in to prevent it from “going dark.” The Chinese-owned social media platform confirmed its return in a ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 01/18/2025 18:30 EDT

President-elect Trump to grant TikTok 90-day extension to avoid ban, NBC reports

President-elect Donald Trump has indicated he will “most likely” approve a 90-day extension for TikTok, delaying a potential ban in the United States. The popular Chinese-owned app is scheduled for removal as early as 12:01 a.m. Sunday but could temporarily ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 01/17/2025 12:31 EDT

The U.S. Supreme Court upholds the law banning TikTok but Trump lobbying may save it

The U.S. Supreme Court has upheld legislation mandating that ByteDance, TikTok’s Chinese parent company, divest its ownership by January 19, 2025, or face a nationwide ban. This decision stems from concerns over TikTok’s data collection practices and its ties to ... Read more

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Startups News
Gayle Jennings O’Byrne @ Startups News 2 place · 01/17/2025 11:47 EDT

Why Applying to an Accelerator Is the Best Route for Your Startup

Though interest rates have gone down slightly, ongoing market volatility means that funding for startups is still difficult. Risk-averse investors prioritize steady returns over the promise of a young company. Founders are navigating a tricky market, but as new federal ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 01/17/2025 09:03 EDT

Silicon Valley defense startup Shield AI hits $5B valuation as it eyes $200M in funding from Palantir, others

Artificial intelligence startup Shield AI is set to nearly double its valuation, aiming for $5 billion as it works to secure a significant funding round. The San Diego-based company, which specializes in autonomous drones and military-grade AI software, is reportedly in ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 21:21 EDT

SpaceX successfully catches giant Starship rocket mid-air for the second time

SpaceX continues to push the boundaries of rocket technology, achieving another milestone with the successful mid-air catch of its Super Heavy booster during the Starship Flight 7 test. The booster was caught using the towering “Mechazilla” launch tower at the ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 16:39 EDT

America-First Strategic Reserve: President-Elect Trump Backs ‘America-First’ Crypto Reserve

After four years of regulatory hurdles under the Biden administration, the cryptocurrency community is embracing Donald Trump’s return to the White House. Industry insiders are optimistic about a shift in tone, anticipating executive orders that could legitimize the sector, expand ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 13:04 EDT

Meter launches Supernova Core: A Cosmos SDK-compatible framework to address blockchain scalability and performance challenges

Cosmos SDK-based blockchains face significant hurdles in scaling effectively. As validator networks expand, existing consensus mechanisms often falter, creating performance bottlenecks that slow transaction throughput. Inefficient network communication and the overhead of validator consensus messages exacerbate these issues. Additionally, integrating ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 12:21 EDT

Powerloom launches mainnet on Ethereum, unlocking new possibilities for Web3 apps

Powerloom, a composable data network for onchain applications, has officially launched its highly anticipated L2 mainnet on Ethereum. This milestone simplifies access to accurate and verifiable onchain data, removing traditional barriers like cost and complexity for developers. With over 5,300 ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 10:55 EDT

Point72’s new AI fund Turion nears $1.5 billion after 14% returns in just 3 months, pauses new investments

Steven Cohen’s Point72 Asset Management has seen remarkable early success with its new AI-focused fund, Point72 Turion. Launched just three months ago, the fund has delivered a 14% return, quickly growing its assets to nearly $1.5 billion, according to Reuters, ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 10:25 EDT

E-commerce tech startup Rokt secures $335 million secondary share offering, now valued at $3.5 billion

It’s been four years since we last featured Rokt, a New York-based tech startup that enhances eCommerce marketing by delivering personalized online shopping experiences. The company saw significant growth during the pandemic as the demand for online shopping surged. On ... Read more

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Startups News
Nickie Louise @ Startups News · 01/16/2025 08:16 EDT

Blue Origin successfully launches New Glenn rocket into orbit for the first time

Blue Origin, the aerospace venture launched by Jeff Bezos, has marked a major milestone 24 years after its inception. In the early hours of January 16, 2025, the company’s towering 320-foot New Glenn rocket achieved orbit for the first time, ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 01/15/2025 16:42 EDT

Elon Musk is Hiring Hardcore Engineers: Join X to Build the Everything App—No Degree Needed

Elon Musk has put out an open call for skilled engineers to help create an “everything app.” In a tweet, Musk emphasized that qualifications like a college degree or big-name job experience don’t matter as much as a solid display ... Read more

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Startups News
Nickie Louise @ Startups News · 01/15/2025 13:35 EDT

Colossal Biosciences raises $200M at $10.2B valuation to revive woolly mammoths and other extinct species

In a fitting move for a company focused on bringing extinct species back to life, Dallas-based Colossal Biosciences has raised $200 million in Series C funding, becoming Texas’ first “decacorn,” a term for private companies valued at over $10 billion. ... Read more

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Startups News
Nickie Louise @ Startups News · 01/15/2025 12:03 EDT

Aligned Data Centers raises $12 billion in funding to expand AI infrastructure amid rising demand

Aligned Data Centers, known for its AI-focused infrastructure solutions, announced on Wednesday it has raised over $12 billion in a new funding round. The capital includes $5 billion in primary equity from funds managed by Macquarie Asset Management and over ... Read more

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Startups News
Nickie Louise @ Startups News · 01/15/2025 10:25 EDT

Microsoft launches Copilot Chat: A pay-as-you-go AI assistant for corporate users

Microsoft has launched a new offering under its Copilot AI assistant lineup, providing businesses with a consumption-based pricing model. Dubbed “Copilot Chat,” this option serves as an alternative to the Microsoft 365 Copilot, which previously required companies to pay $30 ... Read more

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Startups News
Nickie Louise @ Startups News · 01/15/2025 09:31 EDT

Nvidia-backed AI startup Synthesia raises $180M Series D to revolutionize AI-powered video communications; now valued at $2.1 billion

Less than a year after unveiling its AI avatars that convey human emotions using user text inputs, Nvidia-backed AI startup Synthesia announced on Wednesday that it has secured $180 million in a Series D funding round to advance its AI-powered ... Read more

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Startups News
Nickie Louise @ Startups News · 01/15/2025 08:38 EDT

TikTok plans for immediate shutdown in the U.S. this Sunday, January 19

TikTok is gearing up to shut down its app for U.S. users this Sunday, the day a federal law banning the app takes effect—unless the Supreme Court steps in to block the ban, according to The Information, which cited two ... Read more

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